Current Attempt in Progress Oriole Company has the following information available for accruals for the year ended December 31, 2020. The company adjusts its accounts annually. 1. The December utility bill for $475 was unrecorded on December 31. Oriole paid the bill on January 11. 2. Oriole is open 7 days a week and employees are paid a total of $3,920 every Monday for a 7-day (Monday-Sunday) workweek. December 31 is a Thursday, so employees will have worked 4 days (Monday, December 28-Thursday, December +31) that they have not been paid for by year-end. Employees will be paid next on January 4. Oriole signed a $50,400,5% bank loan on November 1, 2019, due in 2 years. Interest is payable on the first day of each following month. 4. Oriole receives a fee from Pizza Shop next door for all pizzas sold to customers using Oriole's facility. The amount owed for December is $340, which Pizza Shop will pay on January 4. (Hint: Use the Service Revenue account.) 5. Oriole rented some of its unused warehouse space to a client for $6,720 a month payable the first day of the following month. It received the rent for the month of December on January 2. 3. For each situation, prepare the adjusting entry required at December 31. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Round answers to O decimal places, e.g. 5,275.) Debit Credit do. Date Account Titles and Explanation Dec. 31, Utilities Expense 2020 475 Accounts Payable 475 lo. Date Account Titles and Explanation Debit Credit Dec. 31, 2020 Utilities Expense 475 Accounts Payable 475 Dec 31, 2020 Salaries and Wages Expense 3,920 Salaries and Wages Payable 3,920 Dec. 31, Interest Expense 210 2020 Interest Payable 210 Dec. 31, 2020 Accounts Receivable 340 Service Revenue 340 Dec. 31, 2020 Accounts Receivable 6,720 Rent Revenue 6,720 For each situation, prepare the journal entry to record the subsequent cash transaction in 2021. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Debit Credit Jan. 1. 11, 2021 2. Jan. 4, 2021 3. Jan. 1, 2021 Jan. 4, 2021 Jan